Business

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.
Business Lynn Hatem -

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.
China BT China Team -

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit
China BT China Team -

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market
China BT China Team -

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.
China BT China Team -
Latest

UBS Fined Over $150 Million by US Regulators for Anti-Money Laundering Failures

US regulators have fined UBS more than $150 million over anti-money laundering failures, adding to compliance pressures as the bank integrates Credit Suiss

Robinhood Plans NYSE Listing for Ventures Fund II, Targeting $200 Million IPO

Robinhood plans to list its early-stage venture fund RVII on the NYSE in a deal targeting about $200 million, opening private-market exposure to retail inv

Amazon Joins $3 Trillion Club as AI and Cloud Growth Power Market Rally

Amazon has surpassed a $3 trillion market valuation for the first time as AI optimism and cloud computing growth power a broad Wall Street rally.

Palantir Stock Rallies Ahead of Quarterly Results as Investors Weigh Lofty Valuation

Palantir shares climbed ahead of its quarterly results as investors weigh strong AI-driven growth against one of the steepest valuations in tech.

Visa to Acquire Fraud Intelligence Firm BioCatch in $2.4 Billion Cybersecurity Push

Visa has agreed to acquire fraud intelligence firm BioCatch for $2.4 billion, expanding its cybersecurity and behavioral biometrics capabilities.

SpaceX Faces First Earnings Test as Post-IPO Slump Rattles Investors

SpaceX prepares to report its first quarterly earnings as a public company amid a sharp post-IPO share decline, putting Elon Musk under fresh investor scru

Strategy Sells $105 Million in Bitcoin, Signaling Shift Toward Liquidity Priorities

Strategy has sold about $105 million in bitcoin, signaling a shift toward prioritizing liquidity over accumulation amid volatile crypto markets.

Gold Climbs as U.S. Pauses Airstrikes, With Deutsche Bank Holding Bullish Year-End Target

Gold prices opened higher after the U.S. paused planned airstrikes, while Deutsche Bank reaffirmed its year-end target, calling the metal's rally an 'explo

Tyson Foods Lowers Annual Profit Outlook as Tight Cattle Supplies Squeeze Beef Unit

Tyson Foods lowered its annual profit outlook as tight US cattle supplies squeeze margins in its beef business, the company's largest protein segment.

CXMT Plans Second Beijing Chip Plant, Seeks Funding to Expand Memory Output

Chinese memory chipmaker CXMT is planning a second Beijing plant and is in funding talks to expand DRAM output amid rising demand and U.S. tech restriction

AstraZeneca in Talks to Acquire Bristol Myers Squibb in Near-$400 Billion Merger

AstraZeneca is in discussions to acquire Bristol Myers Squibb in a near-$400 billion merger that would create the world's fourth-largest drugmaker.

WestJet Flight Attendants Reach Tentative Wage Deal, Ending Disruptive Strike

WestJet flight attendants have reached a tentative wage deal with the carrier, ending a strike that grounded hundreds of flights across Canada.

Nissan Returns to Profit but Warns of Persistent China and Middle East Challenges

Nissan reported a 3.8 billion yen quarterly profit, reversing a heavy loss, but warned of persistent challenges in China and the Middle East.

Micron Shares Dip as Citi Pulls Catalyst Watch Amid Memory Sector Jitters

Micron shares slipped after Citi pulled its catalyst watch, adding to memory-sector jitters, though analysts say long-term AI demand fundamentals remain in

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